BMS | Bachelor of Management Studies Unofficial Portal community Submit Article
Submit Article

BMS | Bachelor of Management Studies Unofficial Portal

What is kisan vikas patra?

Investment Analysis and Portfolio Management

What is kisan vikas patra?

859views
0
8

Kisan Vikas Patra (KVP) :     A scheme of the post office, the Kisan Vikas Patra has the following features:

  • The minimum amount of investment is  1,000. There is no maximum limit.
  • The investment doubles in 8 years and 7 months. Hence the compound interest rate works out to 8.4 percent.
  • There is no tax deduction at source.
  • KVPs can be pledged as a collateral security for raising loans.
  • There is a withdrawal facility after 2 ½ years.

 

Like it? Share with your friends!

0
8
Score Tutorial

Posted by

S’COrE Education is a professional coaching institute to coach for new generation courses. S’COrE has highly experienced faculty with enormous experience and achievement in teaching and industry. We teach each subject in such a manner that even complicated subject feels simple. This helps student to S’COrE-the-Max. Since 1998 S’COrE had university toppers accross courses and subjects. Once you are our student you will also believe S’COrE - the - Best !!

8 Comments

Facebook comments:

Log in

Captcha!
Forgot password?
Don't have an account?
Sign up

forgot password

Back to
Log in

Sign up

Captcha!
Back to
Log in